Overview

• The funding round was led by Belgian investor Sofina and growth specialist Noteus Partners, with existing backers Balderton Capital, Tencent and HV Capital also participating.
• Scalable Capital will use the fresh capital to broaden its digital investment platform and develop new wealth-management products.
• The fintech has expanded its stock savings plans by roughly 2,300 new equities, bringing total available titles to over 3,000.
• While already profitable in Germany, the Munich-based broker is channeling investments into launching services in other European countries.
• Founder Erik Podzuweit underscores a long-term growth strategy, aiming for an IPO in the next four to five years.